Travere Therapeutics gains as EU backs kidney disease therapy [Seeking Alpha]
CSL LTD SP/ADR (CSLLY)
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Source: Seeking Alpha
Agency (EMA), endorsed conditional marketing authorization for its kidney disease therapy sparsentan. According to the company and CSL Vifor, its commercial partner for sparsentan, the EMA's Committee for Medicinal Products for Human Use (CHMP) has issued a positive opinion on the use of the drug for adults with a rare kidney disease called IgA nephropathy. In 2021, San Diego, California-based Travere ( TVTX ) granted exclusive commercialization rights for sparsentan to CSL Vifor, a unit of Australian biotech CSL Limited ( OTCQX:CSLLY ), for regions including Europe. The CHMP recommendation will next be reviewed by the European Commission (EC) before a final decision on marketing authorization, which is expected in Q2 2024. Recommended For You Recommended For You Related Stocks In The News Trending Analysis Trending News
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